Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong ...
Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
The U.S. stock market was broadly rallying on Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX was up 1.8% on Wednesday afternoon, while the Dow Jones ...
US consumer inflation rose for a third straight month in December, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9 percent in December from a year ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...